Stock Track | GFL Environmental Soars 5.14% in Pre-Market on Positive Analyst Ratings and Price Target Increases

Stock Track
02/12

GFL Environmental Holdings Inc. (GFL) saw its stock price surge 5.14% during pre-market trading on Thursday, driven by a series of positive analyst actions.

Multiple financial institutions reiterated their bullish stance on the waste management company. Scotiabank analyst Konark Gupta maintained a Buy rating with a $56.00 price target, while RBC Capital Markets raised its price target to $60 from $59 and kept its Outperform rating. William Blair analyst Trevor Romeo also maintained a Buy rating, citing the company's resilient fundamentals, conservative guidance, and visible growth prospects.

According to FactSet data, GFL Environmental has an average analyst rating of overweight with a mean price target of $55.73, indicating continued optimism about the company's performance among Wall Street analysts.

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